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NY A04723
Bill
Status
12/5/2025
Primary Sponsor
John McDonald
Click for details
AI Summary
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Amends State Finance Law section 167 to allow state agency heads to donate surplus personal property (excluding vehicles) to 501(c)(3) not-for-profit organizations as an alternative to other disposal methods
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Recipient not-for-profit organizations must be current on their annual filings to qualify for donations
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Property eligible for donation must have a fair market value below a threshold established by the commissioner
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State agencies must retain records of all dispositions, which remain subject to audit
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Takes effect 180 days after becoming law
Legislative Description
Allows for the donation of personal property of the state to certain not-for-profit organizations that are up to date on annual filings.
Last Action
tabled
12/5/2025